Trend Table for NAZ - Nuveen Arizona Premium Income Municipal Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 10	B	Strong	Up	Up	Up	17.43%
May 9	B	Strong	Up	Flat	Up	18.03%
May 8	B	Strong	Up	Flat	Up	17.97%
May 7	B	Strong	Up	Flat	Up	18.13%
May 6	C	Strong	Up	Flat	Up	18.85%
May 3	C	Strong	Up	Down	Up	19.41%
May 2	C	Strong	Up	Down	Flat	20.08%
May 1	B	Strong	Up	Down	Flat	19.85%
Apr 30	C	Strong	Up	Down	Flat	20.65%
Apr 29	D	Strong	Up	Down	Flat	20.65%